MLS Minneapolis: What It Means for Buyers and Sellers

If you're looking to buy or sell a home in Minneapolis, you'll likely encounter the MLS. For buyers, the MLS in Minneapolis provides a comprehensive database of homes for sale in the state, so you can easily search for properties based on specific criteria like location, price range, and property type.

 

If you’re a seller, listing your home on the MLS gives it maximum exposure to potential buyers. Real estate agents and brokers use the MLS to showcase properties to their clients, increasing the chances of a quick sale. However, you need the help of a real estate company to list your home there because the platform is exclusive to real estate professionals.

 

In this blog, we will take a more in-depth look at the MLS in Minneapolis and how it helps home buyers and sellers. Moreover, we will share how our flat-fee real estate service and home-buyer service here at Real Estate Corners can help you achieve your goals cost-effectively and quickly.

 

Understanding the MLS and its significance in real estate

The MLS connects real estate agents and brokers to facilitate collaboration. By sharing property listings on the MLS, real estate professionals can work together to provide better service to their clients. By partnering with us, you'll have access to a wide range of properties listed on the MLS, giving you more options to find your dream home.

 

What is the MLS?

The Multiple Listing Service is essentially a database of properties listed for sale in a certain geographic region. To outsiders, it looks like a massive national database. But the truth is it’s actually a network of regional databases around the country.

 

Simply put, there isn’t one big MLS. The MLS in Minneapolis is made, maintained, and paid for by real estate agents in Minnesota. It’s where we share our listings with other agents and brokers to keep one another up-to-date. We upload pictures and share detailed information about every property we represent. Plus, we connect home buyers and sellers.

 

To use the MLS, Real Estate Corners pays a membership fee to list or view homes in a particular area. If we want to see homes in other regions, we must join the Multiple Listing Service for those areas, too.

 

Who can access the MLS?

Since only real estate agents can make entries and update listings, you will need our help to find homes or sell your home in the MLS in Minneapolis. At Real Estate Corners, we offer a flat-fee MLS listing service starting at $399 so we can sell your home there. It’s significantly cheaper than the 6% commission that goes to traditional real estate agents. Plus, we will feature your full ad and listing here on Real Estate Corners!

 

Are you looking to buy a home? Our home-buyer service connects you to a wide range of properties listed on the MLS. As a bonus, you could receive a rebate of up to $4,000 when we successfully close the deal on your behalf.

 

 

Why list on the MLS?

Selling a home through the MLS means more exposure for your listing. The MLS in Minneapolis facilitates property syndication, which makes your listing appear on hundreds of popular real estate websites that display properties from the Multiple Listing Service. These include national websites like CBBurnet.com, EdinaRealty.com, and Realtor.com.

 

Save time and effort.

Thanks to the MLS property syndication, you don’t have to visit each real estate website one at a time to list your property there. At Real Estate Corners, our flat-fee MLS listing service includes home-showing electronic services and broker listing support. Plus, we forward all email and phone leads to you at no extra cost with our basic package.

 

Get additional support

For additional fees, we can do more for you to take the guesswork out of marketing your home. Our basic package lists your home on the MLS in Minneapolis for 6 months. This can be extended to 12 months for $200. We also offer other services such as color brochures, a professional yard sign, and email-blasting to other Realtors in your area.

 

How does the MLS help home buyers in Minneapolis?

If you’re a home buyer, you can also use the MLS to find your dream home. With our home-buyer service, we will help you find another home as we sell your property through the MLS in Minneapolis. We can find listing brokers and other agents representing homes that meet your needs.

 

Uncover details only available to professionals.

MLS listings offer basic information about properties for sale, such as the square footage, pictures, and number of bathrooms and bedrooms. You’ll also find details on features like the neighborhood and garage.

 

Apart from that, the MLS in Minneapolis has private remarks that are visible only to other agents. We do this to protect the safety and privacy of home sellers. These comments can include showing instructions and the seller’s contact details. Some may also share HOA regulations and seller disclosures. At Real Estate Corners, we can advise you on these details to help you make an informed buying decision.

 

Buy or sell a home with Real Estate Corners.

Whether you’re buying a home or selling a current one — or doing both — our team at Real Estate Corners will help you make the most of the MLS in Minneapolis. Call us at (612) 483-1230 so we can tell you more about our flat-fee MLS listing and home-buyer service.